Hong Kong Stocks Decline 0.3% in Morning Trading

Dow Jones07-30

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Hong Kong slipped during early trading Thursday, as the Hang Seng Index dropped 0.3% to 25724.27.

Among local companies with a market cap of at least 40 billion Hong Kong dollars ($5.10 billion), Z.AI is the biggest early laggard, plunging 6.5%, followed by shares of Hua Hong Grace Semicon, which plunged 5.6%. Shares of Sunny Optical Technology fell 5.0%.

Budweiser Brewing APAC is the biggest leader this morning, surging 5.6%, and Laopu Gold jumped 5.4%. Zijin Gold International rounds out the top three movers, as shares jumped 5.0%.

The U.S. dollar held steady against the Hong Kong dollar at HK$7.84.

Data source: Dow Jones Market Data, FactSet

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